JPMorgan analysts foresee Ethereum's ascent over Bitcoin in 2024, due to Ethereum Improvement EIP-4844, known as Protodanksharding. 📌
In this regard, this upgrade, is anticipated to catalyze massive network activity, positioning Ethereum favorably against other cryptocurrencies. 🔍
EIP-4844 is a more efficient form of sharding that promises to enhance the overall efficiency of Layer 2 networks like Arbitrum and Optimism. 🔗
While crypto adoption faces hurdles, such as the dominance of private chains in traditional financial applications and the experimental nature of tokenization due to regulatory uncertainties, JPMorgan's digital assets unit has quietly tripled its headcount in the last three years. 📈
In conclusion, just keep in mind that the investment firm handles an impressive $1 billion in blockchain transactions daily. 💥